Friday, September 14, 2012

Household Furniture Market Set For Thriving Growth In Turkey

According to our recent research review “Turkey Furnishings Market Analysis”, furniture market in Chicken has grown numerous during modern times on the back of improving income levels and increasing family consumption. Even in the tough post recessionary scenario, the market was standing strong and published positive season on season development in 2009. Further, appearance of western style furniture items and construction growth has resulted in an ever-growing furnishings industry, which is all set to register 16.5% CAGR development during 2011-2013.

The research determined that need for furniture such as, beds (twin dimension, full-sized, queen and king-size etc), nightstands and bedroom tables, desks, bed room vanities etc. is increasing at quick speed in the country. Turks prefer to change their furniture on occasions like, marriage and consider it to be the act of necessity. The trend is changing an improving need for services for related furniture items and is expected to succeed in future decades also, which will help industry to maintain its double-digit development in in the future.

Further, in terms of furniture, it has been determined that the section was not fully immune to the economic recession and showed a gradual development result with a demure marketplace performance. However, during early 2010, the market began showing signs of unavoidable recovery and offices began performing their expansion plans. Need for furniture items have began picking speed, which is anticipated to accentuate during our prediction period.

Our review, “Turkey Furnishings Market Analysis”, has been published to evaluate market possibilities of Turkish furniture sector and to identify future development opportunities. Besides traditional and market performance research, the review provides section wise furniture production and need predictions to assist in innovative market intellect. The review allows consumer behavior research, and presents information on local market improvements. Brief review of key industry members has been also added to provide a balanced research outlook of the concerned industry.

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